If nothing else, investing in real estate is an adventure, as well as an ever-evolving learning process, where you can alter your focus to align with the needs of yourself, your clients, and your family. This week on The BiggerPockets Podcast, we’ll learn all about what it takes to branch out in your real estate investing endeavors with our guest Curt Bidwell.
Curt’s first real estate opportunity arose while he was working as a pastor, when a few good friends asked if he wanted to partner with them on a local fourplex. Since then, he’s acquired quite a portfolio of real estate, including sixplexes, duplexes, new construction, single family homes, townhomes, and mixed properties. He’s done it all — and now he’s even gotten his kids involved! Listen for interesting tips on how to creatively invest, the best ways to find good tenants, as well as how to encourage your kids to get interested in finances and real estate along the way.
In This Show We Cover:What makes a good partnershipHow to get started with mixed rental propertiesWays to keep your children motivated and setting goalsWhere to find the best commercial locations to increase your real estate valueThe positives of renting out large family homesHow to choose whether you should have in-house management for your multi-unit rentalsMethods to teach your children to be financially wiseThe best ways to go about obtaining lines of credit for your propertiesWays to creatively invest and finance your rentalsWhat exactly a 1031 exchange isHelpful tips to finding a good location managerHow to work with local commercial lendersBest ways to screen your tenantsAnd lots more!Links From the ShowBiggerPockets Success StoriesThe BiggerPockets ForumsBooks Mentioned in the Show Rich Dad Poor Dad by Robert KiyosakiGary Keller’s The Millionaire Real Estate InvestorThou Shall Prosper: Ten Commandments for Making Money by Rabbi Daniel LapinThe Effective Executive by Peter DruckerConnect with CurtCurt’s BiggerPockets Profile